1. Environment and the Economy
Environmental degradation can be defined as the deterioration of the environment through depletion of resources such as air, water, and soil, the destruction of ecosystems and the extinction of wildlife. ... "Another way to think about this is that clean air, water, etc. provide an enjoyment that is income elastic. ... "As new economic activity resulting from growth comes about, new changes occur within the environment, such as habitat destruction as well as air, water and pesticide pollution from industry and agriculture" (Booth,1998) It can be seen that economic growth might...
- Word Count: 1513
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate